The Dhandho Investor: The Low-Risk Value Method to High Returns

by Mohnish Pabrai

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A comprehensive value investing framework for the individual investor In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business savvy Patels from India and presents how they can be applied successfully to the stock market. The Dhandho method expands on the groundbreaking principles of show more value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. Listeners will be introduced to important value investing concepts such as "Heads, I win! Tails, I don't lose that much!," "Few Bets, Big Bets, Infrequent Bets," Abhimanyu's dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks. Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals. show less

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7 reviews
Excellent book meant for the layman, specifically US layman but it does speak in general terms in many a place so it's not a complete loss. The only irk point in the book was the number of times he uses Warren Buffett's & Charlie Munger's names, so much so that, at times I had to look back at the title just to remind myself that this is indeed a separate investing book & not a synopsis of Warren Buffett, Charles Munger gems. Despite this pain point I enjoyed this book immensely. A must read!
Excellent insights into the hows of value investing

A well written, accessible and informative book on how to use the principles of value investing. Mohnish Pages draws on many successful investors to provide colourful examples of how it works.
Anecdotes about other people (other Pabrais with motels, Richard Branson), and a less eloquent rehash of value investing ideas I've read in other books.
Must read for anyone who wants to understand the value investing principles...exit strategy using Abhimanyu and Chakravyuh analogy as well as focused/concentrated investing using Arjuna's analogy are indeed for lifetime use in one's investment journey.
Low risk method of investing in stocks or businesses.
I didn't find this book to be terribly helpful. Entertaining to a point, but I wouldn't recommend it for the serious investor.
A CLEAR, LOW RISK APPROACH TO INVESTING BASED ON THE PRINCIPLES OF VALUE INVESTING.

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Classifications

Genres
Business, Nonfiction, General Nonfiction
DDC/MDS
332.6Society, Government, and CultureEconomicsBanking & MoneyInvesting
LCC
HG4061 .P22Social sciencesFinanceFinanceFinance management. Business finance.
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Statistics

Members
266
Popularity
120,658
Reviews
6
Rating
½ (3.71)
Languages
English, German
Media
Paper, Audiobook, Ebook
ISBNs
8
ASINs
4